Us Economic Fundamentals

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According to Angel Broking, pound will trade lower today as investors will be cautious ahead of GDP data from UK. Also, strength in the DX following robust release of US economic data will act as a negative factor for the currency.

China has pledged to move towards making the yuan convertible on the capital account, amid hopes that the International Monetary Fund could include the yuan in its special drawing rights (SDR) basket during a five-year review due to be conducted this year.

Nisha Desai said President Barack Obama's Republic Day visit to India was "critical not only for the symbolism but also for the important outcomes in advancing our strategic partnership, deepening security cooperation, revitalising the economic partnership, and advancing critical clean energy and environmental goals."

US President Barack Obama described Lee, who ruled Singapore for three decades, as "a true giant of history" whose advice on governance and economic development had been sought by other world leaders down the years.

Speaking at the opening of China Development Forum here, Christine Lagarde said, the world has yet to achieve full economic recovery as global growth continues to be weighed down by high debt, high unemployment and lacklustre investment.

India's economy is in much better shape to weather tighter US monetary policy than it was two years ago, according to the economics team from ICICI Securities PD, the most accurate forecasters on Indian economic data in Reuters polls last year.

According to Angel Broking, pound will trade lower today as investors will be cautious ahead of GDP data from UK. Also, strength in the DX following robust release of US economic data will act as a negative factor for the currency.

China has pledged to move towards making the yuan convertible on the capital account, amid hopes that the International Monetary Fund could include the yuan in its special drawing rights (SDR) basket during a five-year review due to be conducted this year.

Nisha Desai said President Barack Obama's Republic Day visit to India was "critical not only for the symbolism but also for the important outcomes in advancing our strategic partnership, deepening security cooperation, revitalising the economic partnership, and advancing critical clean energy and environmental goals."

US President Barack Obama described Lee, who ruled Singapore for three decades, as "a true giant of history" whose advice on governance and economic development had been sought by other world leaders down the years.

Speaking at the opening of China Development Forum here, Christine Lagarde said, the world has yet to achieve full economic recovery as global growth continues to be weighed down by high debt, high unemployment and lacklustre investment.

India's economy is in much better shape to weather tighter US monetary policy than it was two years ago, according to the economics team from ICICI Securities PD, the most accurate forecasters on Indian economic data in Reuters polls last year.

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Friday`s stronger-than-expected payrolls report did more than ease concerns about US economic fundamentals - it also seemed to justify Wall Street`s record levels, suggesting the Wall Street uptrend could continue. But concern is for Emerging markets like India as FED may accelerate the tapering